GABF vs. FDIQ
GABF (Gabelli Financial Services Opportunities ETF) and FDIQ (Invesco Bloomberg Financial Data Providers ETF) are both Financials Equities funds. GABF is actively managed, while FDIQ is passively managed. Over the past 3 years, GABF returned 20.47%/yr vs 18.27%/yr for FDIQ. A 0.74 correlation means they provide meaningful diversification when combined. GABF charges 0.10%/yr vs 0.35%/yr for FDIQ.
Performance
GABF vs. FDIQ - Performance Comparison
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Returns By Period
In the year-to-date period, GABF achieves a -7.03% return, which is significantly lower than FDIQ's 9.72% return.
GABF
- 1D
- -1.89%
- 1M
- -3.11%
- YTD
- -7.03%
- 6M
- -6.24%
- 1Y
- -3.20%
- 3Y*
- 20.47%
- 5Y*
- —
- 10Y*
- —
FDIQ
- 1D
- -0.97%
- 1M
- -5.53%
- YTD
- 9.72%
- 6M
- 10.28%
- 1Y
- 22.98%
- 3Y*
- 18.27%
- 5Y*
- 3.82%
- 10Y*
- 7.60%
GABF vs. FDIQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GABF Gabelli Financial Services Opportunities ETF | -7.03% | 3.60% | 44.38% | 38.92% | 0.40% |
FDIQ Invesco Bloomberg Financial Data Providers ETF | 9.72% | 6.32% | 12.76% | -0.84% | 4.67% |
Correlation
The correlation between GABF and FDIQ is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since May 11, 2022 | 0.74 |
The correlation between GABF and FDIQ has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.
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Return for Risk
GABF vs. FDIQ — Risk / Return Rank
GABF
FDIQ
GABF vs. FDIQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and Invesco Bloomberg Financial Data Providers ETF (FDIQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GABF | FDIQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.20 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 2.07 | -2.26 |
| Martin ratioReturn relative to average drawdown | -0.44 | 5.26 | -5.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GABF | FDIQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 1.04 | -1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.13 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.24 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.37 | +0.50 |
Drawdowns
GABF vs. FDIQ - Drawdown Comparison
The maximum GABF drawdown since its inception was -20.86%, smaller than the maximum FDIQ drawdown of -52.86%. Use the drawdown chart below to compare losses from any high point for GABF and FDIQ.
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Drawdown Indicators
| GABF | FDIQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.86% | -52.86% | +32.00% |
Max Drawdown (1Y)Largest decline over 1 year | -17.16% | -11.13% | -6.03% |
Max Drawdown (3Y)Largest decline over 3 years | -20.86% | -28.09% | +7.23% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.86% | — |
Current DrawdownCurrent decline from peak | -11.60% | -8.53% | -3.07% |
Average DrawdownAverage peak-to-trough decline | -4.86% | -11.56% | +6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.27% | 4.38% | +2.89% |
Volatility
GABF vs. FDIQ - Volatility Comparison
Gabelli Financial Services Opportunities ETF (GABF) has a higher volatility of 4.28% compared to Invesco Bloomberg Financial Data Providers ETF (FDIQ) at 4.06%. This indicates that GABF's price experiences larger fluctuations and is considered to be riskier than FDIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GABF | FDIQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.28% | 4.06% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 13.14% | 13.93% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.37% | 22.14% | -4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.54% | 28.70% | -8.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.54% | 31.12% | -10.58% |
GABF vs. FDIQ - Expense Ratio Comparison
GABF has a 0.10% expense ratio, which is lower than FDIQ's 0.35% expense ratio.
Dividends
GABF vs. FDIQ - Dividend Comparison
GABF's dividend yield for the trailing twelve months is around 2.11%, less than FDIQ's 2.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIQ Invesco Bloomberg Financial Data Providers ETF | 2.56% | 2.66% | 2.69% | 2.89% | 2.51% | 2.04% | 2.92% | 2.44% | 2.45% | 1.59% | 1.50% | 1.92% |
GABF Gabelli Financial Services Opportunities ETF | 2.11% | 1.96% | 4.19% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GABF and FDIQ have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GABF has higher volatility (4.28%) compared to FDIQ (4.06%). In terms of maximum drawdown, GABF dropped -20.86% vs FDIQ's -52.86%.
On 3-year performance, GABF leads with 20.47% vs 18.27% for FDIQ. On fees, GABF is cheaper at 0.10% per year. On volatility, FDIQ has been the lower-risk option at 4.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GABF has performed better with a 20.47% return vs 18.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GABF is cheaper with a 0.10% expense ratio, compared with 0.35% for FDIQ.
FDIQ has the higher dividend yield at 2.56%, compared with 2.11% for GABF.
They also come from different issuers: Gabelli and Invesco. Their fees differ too: 0.10% for GABF and 0.35% for FDIQ.
FDIQ currently has the higher Sharpe Ratio (1.04 vs -0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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